SEC

America’s Yellow School Bus Gets an All-Electric Makeover

by Julia Roether
Article

The yellow school bus is a familiar sight on America’s roads. As Fontana Unified School District students returned from their holiday break, one familiar thing was missing from two of their buses: black exhaust.

These buses are now all-electric and run on batteries. They are not only free of emissions, but much quieter. On a typical school day, the buses travel about 100 miles taking students from home to school and back, as well as on field trips. Electric buses can drive up to 120 miles per charge.

‘Main Street Investor’ Coalition Aims to Undermine Shareholder Rights

Press Release

May 23, 2018  /3BL Media/ - A new coalition backed by the National Association of Manufacturers aims to 'undermine critical shareholder rights that investors have long supported and relied on to help them effectively and efficiently protect the long-term value of their investments,' Ceres CEO and President Mindy said in a statement. 

Lubber added: 

Discussed Changes to Dodd-Frank Will Not Affect 2017 Conflict Minerals Filing Requirement

Article

The acting chairman of the U.S. Securities and Exchange Commission (SEC) announced this week that the agency would reconsider how to enforce the conflict minerals rule contained within the Dodd-Frank Act, Dodd-Frank Section 1502.

Tears Don't Mend Broken China

Blog

By: Bahar Gidwani

I’ve always been clumsy.  There were many broken dishes and glasses in my childhood.  My Mom was always kind about it.  She’d say, “Tears don’t mend broken China.”  She had other similar phrases I remember (e.g., “If you get a load of lemons, it is time to make lemonade!”), but the lesson was always Midwestern positivism.  Don’t sit around moaning about what can’t be fixed—keep moving forward and don’t let your own failures hold you back.

Tears Don't Mend Broken China

Blog

By: Bahar Gidwani

I’ve always been clumsy.  There were many broken dishes and glasses in my childhood.  My Mom was always kind about it.  She’d say, “Tears don’t mend broken China.”  She had other similar phrases I remember (e.g., “If you get a load of lemons, it is time to make lemonade!”), but the lesson was always Midwestern positivism.  Don’t sit around moaning about what can’t be fixed—keep moving forward and don’t let your own failures hold you back.

Companies Should Report Possible Climate Costs, Say Global Executives

The information should routinely appear in financial statements, according to recommendations to be presented to G-20 leaders
Article

Originally posted on Wall Street Journal.

LONDON—Companies should publish an assessment of the losses they could suffer through climate change as part of their routine financial statements, according to a panel of financial and business executives chaired by Michael Bloomberg.

Carney-Backed Report Urges Companies to Disclose Climate Change Effects

BoE governor and media billionaire behind proposals to better inform investors and lenders
Article

Originally posted in the Financial Times.

A task force led by Michael Bloomberg and backed by Mark Carney has urged companies to disclose to investors the impact of climate change on their businesses.

The governor of the Bank of England and the billionaire media owner are behind a new set of recommendations designed to give investors, lenders and insurers a better idea about how climate change will affect individual businesses.

Swiss Re Adopts Climate-Related Financial Disclosure Recommendations

Article

Originally posted in Canadian Underwriter

Swiss Re announced on Wednesday that it will adopt the climate-related financial disclosure recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

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